N.J. Admin. Code § Tit. 11, ch. 2, subch. 41, Appendix, exh. C
THIS SUMMARY HIGHLIGHTS THE NOTABLE COVERAGES AND EXCLUSIONS ASSOCIATED WITH YOUR RENTERS INSURANCE POLICY AND IS ONLY PROVIDED AS GUIDANCE IN HELPING YOU UNDERSTAND YOUR POLICY. THIS SUMMARY DOES NOT ALTER YOUR COVERAGE IN ANY WAY. YOUR INSURANCE POLICY IS A CONTRACT THAT GOVERNS YOUR LEGAL RIGHTS. PLEASE CONTACT IF YOU HAVE ANY QUESTIONS.
REFER TO YOUR DECLARATIONS PAGE FOR INFORMATION ON DEDUCTIBLES AND THE SPECIFIC LIMITS OF YOUR POLICY FOR EACH OF THE INCLUDED COVERAGES. REFER TO THE APPLICABLE POLICY PROVISIONS FOR OTHER INFORMATION SPECIFIC TO THESE COVERAGES, AND ON ANY ADDED COVERAGES OR EXCLUSIONS IN YOUR POLICY. FOR ADDITIONAL GUIDANCE AND INFORMATION, SEE THE "INSURING YOUR HOME" GUIDE ON THE N.J. DEPT. OF BANKING AND INSURANCE WEBSITE AT
http://www.state.nj.us/dobi/division_consumers/pdf/insuringyourhome.pdf
Most renters' policies in New Jersey include the following common coverages:
-- Personal property (Coverage C) pays if your personal property is damaged or destroyed by a covered loss.
-- Loss of use (Coverage D) pays your additional living expenses (costs over the normal amount for housing, food, and other essential expenses) if you must temporarily move because damage to your rental from a covered loss renders it uninhabitable.
-- Personal liability (Coverage E) pays to defend you in court against certain lawsuits and provides coverage if you are found legally responsible for someone else's injury or property damage.
-- Medical payments to others (Coverage F) pays the medical bills of people hurt on your property. It might also pay for some injuries that happen away from your rental, such as your dog biting someone at the park.
Policy Features
-- Companies may exclude coverage for certain losses. Even the most comprehensive policy will exclude certain types of damage.
-- All policies include an all-peril deductible. The deductible is the portion for which you are responsible on a covered property loss.
-- Some policies may include a separate optional wind/hail deductible and/or a mandatory or optional hurricane deductible.
-- Companies may offer optional coverages that include earthquake and scheduled personal property such as jewelry, fine arts, furs or silverware.
| Your Policy Covers Losses Caused by | Your Policy Does Not Cover Losses Caused by |
| Fire and lightning | Flooding including tidal surge (Note: Flood insurance may be available through the National Flood Insurance Program (www.floodsmart.gov)) |
| Sudden and accidental damage by smoke | Earthquakes, earth movement, landslides, mudslides & sinkholes |
| Explosion | Termites, insects, rats, mice, birds or other vermin |
| Theft | Freezing pipes (unless water was shut off or building was heated) |
| Vandalism and malicious mischief | Losses if your rental unit is vacant for the number of days specified by your policy |
| Aircraft and vehicles | Wear and tear, rotting, maintenance and pollution |
| Windstorm or hail | Wind or hail damage to trees and shrubs |
| Sudden and accidental water damage | Mold, unless it is as a result of a covered loss (for example, mold damage due to flood would not be covered) |
| Weight of ice, snow or sleet | Water damage resulting from continuous and repeated seepage |
| Riot and civil commotion | Liability which results from the ownership or use of an automobile and other types of motorized land vehicles, aircraft or certain watercraft |
| Intentional acts caused by you or a resident of your home | |
| War or Nuclear Hazard |
N.J. Admin. Code Tit. 11, ch. 2, subch. 41, Appendix, exh. C